MUMBAI, India, Dec. 8 -- Reserve Bank of India issued the following notification: RESERVE BANK OF INDIA (Foreign Exchange Department) (Central Office) Mumbai - 400001 Notification No. FEMA 6 (R)/(4)/2025-RB December 8, 2025 Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2025 In exercise of the powers conferred by clause (ga) of sub- section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes th...
MUMBAI, India, Dec. 8 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated December 5, 2025, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The Pattukottai Co-operative Urban Bank Limited, Tamil Nadu (the bank) for contravention of provisions of Section 17 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on 'Exposure Norms and Statutory / O...
MUMBAI, India, Dec. 8 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ -- > Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 10,360.92 5.21 4.50-6.18 I. Call Money 1,528.95 5.12 4.70-5.40 II. Triparty Repo 3,836.65 5.04 4.50-5.50 III. Market Repo 252.02 4.80 4.75-5.00 IV. Repo in Corporate Bond 4,743.30 5.40 5.35-6.18 B. Term Segment I. Notice Money** 20,764.27 5.33 4.60-5.5...
JABALPUR, India, Dec. 5 -- Madhya Pradesh High Court issued the following judgment/order on Nov. 6: 1. Petitioner impugns the action of respondents whereby the bid of petitioner has been disqualified. Respondents had invited bids for procuring meat for feeding of carnivorous animals at Maharaja Martand Singh Judev White Tiger Safari Juhu Mukundpur for the year 2025-26. 2. Petitioner submitted his bid, however, by a status uploaded on the portal on 25.04.2025, petitioner was notified that his ...
JABALPUR, India, Dec. 5 -- Madhya Pradesh High Court issued the following judgment/order on Nov. 6: By this petition, petitioner sought stay on putting up of Pandal and holding of certain Utsavs the road during the period of 27.08.2025 to 05.09.2025. Since the period is already over, petition has become infurctuous. The petition is accordingly dismissed as infructuous. Disclaimer: Curated by HT Syndication....
JABALPUR, India, Dec. 5 -- Madhya Pradesh High Court issued the following judgment/order on Nov. 6: By the subject petition, petitioner has challenged the impugned order dated 27.10.2025, whereby the candidature of the petitioner has been rejected. Petitioner also impugns the resolutions dated 18.07.2025 and 31.07.2021, whereby the Election Officer has been appointed for conducting the elections of the Bar Association. Learned Counsel for the petitioner submits that petitioner has filed his no...
JABALPUR, India, Dec. 5 -- Madhya Pradesh High Court issued the following judgment/order on Nov. 6: Learned counsel for petitioner submits that since the order impugned dated 10.09.2025 had extended the period to publish the award up to 06.11.2025, he seeks leave to withdraw the petition with liberty to file an application/initiate appropriate proceedings, for further enlargement of time to publish the award. In view of the above, petition is dismissed as withdrawn with liberty as prayed. Di...
JABALPUR, India, Dec. 5 -- Madhya Pradesh High Court issued the following judgment/order on Nov. 6: By this petition petitioner is seeking restoration of the review petition, which was dismissed for non-prosecution on 22.08.2025. Said petition has been filed on 03rd September, 2025 within 11 days of the dismissal of the review petition for non-prosecution. The application is supported by an affidavit of the petitioner, who states that he is appearing in person and submits that there was an err...
JABALPUR, India, Dec. 5 -- Madhya Pradesh High Court issued the following judgment/order on Nov. 6: 1. By the subject review petition, petitioner is seeking to urge a new interpretation to the Ordinance that has been interpreted by this Court in its order dated 30th June, 2025 passed in W.P. No.2120/2025. 2. Learned counsel for the petitioner seeks to reargue the matter on merits which is not permissible while exercising powers of the review jurisdiction. 3. No error apparent on the face of...
RANCHI, India, Dec. 5 -- Jharkhand High Court issued the following order on Nov. 5: No one turns up on behalf of the petitioners in spite of repeated calls. Learned Addl.P.P. appearing for the State submits that there is no merit in this case, hence, the petitioners are not diligent in prosecuting this case. Accordingly, this case is dismissed for non-prosecution. Disclaimer: Curated by HT Syndication....